First Federal Savings and Loan Association
Breaux Bridge, LA
$20.4M
total assets, March 31, 1990
$20.4M
total assets, March 31, 1990
First Federal Savings and Loan Association was a savings and loan in Breaux Bridge, LA. It failed on May 11, 1990, and Teche FSB took over its deposits. At its last report it held $20.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- May 11, 1990
- Assets
- $20.4M
- Deposits
- $20.9M
- Estimated cost
- $1.4M
- Deposits went to
- Teche FSB, Franklin, LA
Total assets
$20.4M
-28.5% in a year · -1.6% in a quarter
Deposits
$20.9M
-0.9% in a year · -1.5% in a quarter
Loans
$13.6M
-3.6% in a year · -3.1% in a quarter
Profit so far
-$13K
Jan 1 to Mar 31, 1990 · -135.1% in a year
Capital ratio
-3.08%
-3.08 pts in a year
Return on assets
-0.25%
-0.80 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 601 East Bridge Street, Breaux Bridge, LA, 70517
- County
- St. Martin
- Established
- Dec 10, 1965
- Failed
- May 11, 1990
- Employees
- 6
- Id
- b31508
Quarter by quarter
March 31, 1984 to March 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Federal Savings and Loan Association?
$20.4 million in total assets and $20.9 million in deposits as of March 31, 1990, with assets down 28.5% from a year before. Its loans were $13.6 million.
Is First Federal Savings and Loan Association profitable?
No: it lost $13,000 from January 1 to March 31, 1990. Its return on assets was -0.25% a year; about 1% is typical.
When did First Federal Savings and Loan Association fail?
May 11, 1990. Teche FSB of Franklin, LA took over its deposits. The estimated cost of the failure was $1.41 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.